A price prediction
Predicted price range for Agilent Technologies Our trading algorithm values Agilent Technologies (A) to be fairly valued. ###PLOTLYGRAPH### The red …
Read ArticlePredicted price range for Elevance Health Inc
Our trading algorithm values Elevance Health Inc (ELV) to be undervalued.
The red lines in this plot symbolize the changepoints of the price, meaning that the trend or direction changed, either from a down to an uptrend, or the other way around.
| Name | Value |
|---|---|
| Our valuation | undervalued |
| Current trend | uptrend |
| Buy/Sell Recommendation | Buy |
| Current Price | $465.23 |
| 60 Day Prediction | $497.99 |
| 60 Day Pred - Lower Bound | $476.81 |
| 60 Day Pred - Upper Bound | $519.25 |
Our algorithm predicts the future trend with the linear formula (a*x + b = y):
$ price = 0.487 * nr_days_in_the_future + 483.376
Based on this information, our algorithm recommends the trading decision: Buy. Remember that this is not investment advice, and only a statistical analysis. Do your own research.
Historic price development
ELV traded at $465.23 this Friday October 14th, loosing $-1.92 or -0.41269541190726694 percent since last week.
Looking back, over the last month, ELV has been loosing $-14.76 or -3.172619757860082 percent.
Over the last year, it has been gaining.
Seasonality of Elevance Health Inc
Using our AI model, we have been analyzing the value change for Elevance Health Inc depending on the day or month of a year. This can be seen in the following graph:
